ArcelorMittal Nippon Steel India (AM/NS India) held a groundbreaking ceremony on Friday for its Rs 60,000-crore investment initiative to increase production capacity of its Hazira plant in Gujarat, from 9 million tonnes per annum (MTPA) to 15 MTPA. The company said in a statement that it will accelerate the development of downstream facilities to produce… Continue reading Gujarat expansion project of ArcelorMittal Nippon Steel India begins
Author: Autocar_Professional India Online News
Hero MotoCorp records 20% growth in 32-day festive season
The 32-day festive season in India, which began with Navratri and concluded with the last day of Diwali, and typically sees strong vehicle buying patterns, has seen strong sales. While top carmakers have reported sales of over 400,000 units, two-wheeler market leader Hero MotoCorp too has registered strong double-digit gains. The company, which currently has… Continue reading Hero MotoCorp records 20% growth in 32-day festive season
Toyota to issue metal keys for new cars in Japan. Here is why.
Toyota to issue metal keys for new cars in Japan. Here is why. Toyota Motor Corp has announced on Thursday that as a temporary measure, it will replace one of the two electronic “smart” keys it provides in Japan with a mechanical key as it races to get cars to customers in Japan, reported news… Continue reading Toyota to issue metal keys for new cars in Japan. Here is why.
Maruti Brezza breezes past 800,000 sales in less than 80 months
The Maruti Brezza has become the latest model from Maruti Suzuki India’s stable to surpass the 800,000-unit sales milestone in the domestic market. The game-changing compact SUV’s drive to the new landmark has taken 79 months – from launch on March, 8 2016 through to end-September 2022. In August 2022, its sibling the Maruti Ertiga MPV… Continue reading Maruti Brezza breezes past 800,000 sales in less than 80 months
No ICE vehicles can be sold in Europe after 2035: EU
It will be a do or die situation for automakers in Europe if their diesel/petrol ICE engines are unable to comply with the proposed emissions legislation proposed by European Union within the time frame allotted that works out to around 13 years from now. The deal also included a 55 percent cut in CO2 emissions… Continue reading No ICE vehicles can be sold in Europe after 2035: EU
Brembo unveils new brand identity and logo
The logo has been restyled with a simple and modern design which speaks to the digital-native generation and powers the brand experience Brembo has unveiled its new visual identity and logo, reflecting the company’s strategic vision: “Turning Energy into Inspiration”. Since the launch of the new vision in the fall of 2020, Brembo embarked on… Continue reading Brembo unveils new brand identity and logo
Maruti, Hyundai look to make a splash at Auto Expo 2023, many to stay away
After being last held in February 2020, India’s biennial on-ground automotive extravaganza – Auto Expo – is finally set to return after a hiatus of three years as a result of the pandemic. The mega event is slated to take place in Greater Noida, near New Delhi, from January 13 and 18, 2023. India’s top-two… Continue reading Maruti, Hyundai look to make a splash at Auto Expo 2023, many to stay away
Maruti Suzuki sells 517,395 units, posts profit of Rs 2,061 crore in Q2 FY2023
Maruti Suzuki India today announced the financial results for second quarter (July-September 2022) of FY2023 and the numbers point to robust year-on-year growth, albeit the year-ago base was a lower pandemic-impacted one. The company, which is India’s passenger vehicle market leader with a share of 41%, sold a total of 517,395 vehicles during the second… Continue reading Maruti Suzuki sells 517,395 units, posts profit of Rs 2,061 crore in Q2 FY2023
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava The chairman of Maruti Suzuki, R C Bhargava, says Indians are moving towards higher priced SUVs and MUVs and his company is in the ‘phase of transition’ to cater to this ‘shift in the composition of the market’. Bhargava forecasts… Continue reading India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
L&T Tech bags orders worth Rs 1,907 crore from transportation sector
L&T Technology Services, a part of the $21 billion Larsen & Toubro (L&T) won orders worth over Rs 1,907 crore from January-September this year from the transportation sector on the back of strong tailwinds from electric vehicles, easing of semiconductor shortages and a spike in air travel. Amit Chadha, CEO & MD, L&T Technology services,… Continue reading L&T Tech bags orders worth Rs 1,907 crore from transportation sector